Active BE 0701.671.571Public limited company

ZALCO

Zoning Industriel-2ème rue 0 ·6040 Charleroi, Belgium· 7 yrs active

Sector: Vervaardiging van metalen deuren en vensters (25120)

Conclusion Checked

The KBO register records legal situation 012 for ZALCO (Register: dissolution or liquidation); this is today's state according to the register itself, which carries no start date. The 2023 annual accounts show negative equity (€-2.24M) and a net result of €-90k.

Based on the State Gazette, CBE and 3 annual accounts.

Key figures

Equity	€-2.24M
Net result	€-90k
Better than sector	5%
Active	7 yrs

Snowflake analysis 5 of 5 axes measured · computed by Checked

26 / 100

Fragile profile, watch health in particular.

All 5 axes are computed from data Checked has read.

Health 0

Profitability 20

Solvency 33

Growth 38

Stability 40

Bankruptcy probability (12 mo) Checked model v1 · free

Dissolution or liquidation

The KBO register records that this company is being wound up. A twelve-month bankruptcy probability no longer says anything in that case, so we show no figure.

Risk Assessment rule-based

0 / 100

High riskRegister: dissolution or liquidation

This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 012 for this company; it does not feed the figure above.

Trust signals 1 signals

Register: dissolution or liquidation

The KBO register records legal situation 012 for this company. This is today's state according to the register itself; the register carries no start date.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Health barometer FY 2023 · computed

0 / 100 Critical

050100

Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2023 and the legal situation the KBO register itself records. Indicative, not credit advice.

Financial overview3 NBB filings

Annual accounts filed on 30-08-2024 with the NBB · fiscal year 2023 · volledig

RevenueOperating resultNet result

Sector comparison

Fiscal year 2023 · NACE 25 · compared within the same schema type (full schema)

Metric	This company	Sector median	Position in the sector
Solvency	-338.1%	28.5%	better than 5% of 62 sector peers
Net result	€-90k	€32k	better than 14% of 62 sector peers
Equity	€-2.24M	€253k	better than 5% of 62 sector peers
Gross operating margin	€33k	€484k	better than 11% of 45 sector peers
Staff costs	€80k	€544k	higher than 15% of 54 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Revenue

€3.95M

-26.1% 19-23

EBITDA

€-351k

-166.5% 19-23

Net profit

€-90k

+85.2% 19-23

Cash flow

€-579k

-264.5% 19-23

Total assets

€664k

-72.4% 19-23

Equity

€-2.24M

-976.5% 19-23

Working capital

€-1.19M

- 19-23

Employees (FTE)

27

-7.5% 19-23

Staff costs

€80k

- 19-23

Income taxes

€7

- 19-23

Debt

€2.91M

+11.2% 19-23

Debt ≤ 1y

€1.85M

-0.3% 19-23

Debt > 1y

€990k

+31.7% 19-23

Current ratio

0.36

-71.5% 19-23

Quick ratio

0.36

-67.3% 19-23

Solvency

-338.1%

-3801.7% 19-23

Debt / equity

-1.30

+64.1% 19-23

ROE

4.0%

-98.6% 19-23

ROA

-13.6%

+46.4% 19-23

Net margin

-15.4%

-320.2% 19-23

EBITDA margin

-8.9%

-260.5% 19-23

Interest coverage

-15.20

-155.0% 19-23

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2023
Deposit	volledig
Revenue	-
EBITDA	-
Net profit	€-90k
Cash flow	-
Staff costs	€80k
Income taxes	€7
Dividends	-
Total assets	€664k
Equity	€-2.24M
Debt	€2.91M
of which ≤ 1y	€1.85M
of which > 1y	€990k
Working capital	€-1.19M
Employees (FTE)	-

Ratios (computed)

	2023
Current ratio	0.36
Quick ratio	0.36
Working capital ratio	-179.1%
Solvency	-338.1%
Debt / equity	-1.30
Long-term debt ratio	-0.44
Interest coverage	-
Gross margin	-
Net margin	-
ROA	-13.6%
ROE	4.0%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2023

Assets

Fixed assets €8k · 1.1% Current assets €656k · 98.9%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2023
Balance sheet, Assets
TOTAL ASSETS	20/58	€664k
Fixed assets	21/28	€8k
Financial fixed assets	28	€8k
Current assets	29/58	€656k
Amounts receivable within one year	40/41	€525k
Cash & bank	54/58	€131k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€664k
Equity	10/15	€-2.24M
Contributions / capital	10/11	€400k
Accumulated profits (losses)	14	€-2.64M
Amounts payable	17/49	€2.91M
Amounts payable after one year	17	€990k
Amounts payable within one year	42/48	€1.85M
Trade debts payable within one year	44	€1.46M
Income statement
Gross operating margin	9900	€33k
Operating result	9901	€-84k
Financial income	75	€33
Financial charges	65	€6k
Result before taxes	9903	€-90k
Income taxes	67/77	€7
Net result for the period	9904	€-90k
Result to be appropriated	9905	€-90k

You are seeing the latest fiscal year only. 2 prior years (figures + ratios) are in a paid plan. See plans →

Ratios computed by Checked.

Legal Structure

NACE primary	Vervaardiging van metalen deuren en vensters(25120)
Legal form	Public limited company(014)
Incorporation	22-08-2018
Status	Active
Postal code	6040

Establishment units 1 location

Zoning Industriel-2ème rue SN, 6040 Charleroi

Montage van buiten- en binnenschrijnwerk van hout of van kunststof : deuren, vensters, kozijnen, trappen, muurkasten, inbouwkeukens, winkelinrichtingen, enz

since 20182.278.674.015

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Updates 3 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2024

30-08-2024

NBB filing Annual accounts filed

fiscal year 2023 · volledig

2021

27-07-2021

NBB filing Annual accounts filed

fiscal year 2020 · volledig

2020

31-07-2020

NBB filing Annual accounts filed

fiscal year 2019 · volledig

Credit advice verdict per customer and amount

Company registry (CBE) Crossroads Bank

Activities

Vervaardiging van metalen deuren en vensters25120Vervaardiging van metalen deuren en vensters25120Vervaardiging van hydraulische apparatuur28120Vervaardiging van hydraulische en pneumatische apparatuur28120Schrijnwerk43320Schrijnwerk43320Glaszetten43343Glaszetten43343

Primary activity highlighted.

Names & trade names

Legal nameFR

ZALCO

Registered office

Zoning Industriel-2ème rue 0

6040 Charleroi, Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.

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